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driven economy to consumption. so you're probably not going to see double digit growth but i think 8% is in the cards. >> is the u.s. still the best place? >> yes. >> to invest, guys? >> mandy, what is frightening here is that we all agree that some of the best opportunities are overseas. perhaps those markets need to play catch up here. i would also add that commodities have been an area left in the dust. if the fed is very successful, igniting inflation, which may be in the cards in the future commodities would be a place to hedge someone's portfolio as they get out of bonds into equities right now. very quickly we're noting today apple is, let me put it this way. exxon is close to overtaking apple as the most valuable stock in the world. significant at all? are you guys watching that at all? >> we are watching it. it is old schools coming back to modern day trading markets that are here. we've all watched apple. we've seen the run in apple. everyone is very familiar with the stock and the products. it just got to prices that were way too lofty for retail investors and when we star
actually a friend of the system and the economy. take a listen to this one. >> i think jpmorgan was a -- was not just a fair weather friend. we were there in good times and bad times for everybody, including nations. for spain and italy we will tell you -- we were lending $15 billion net of collateral. net derivatives, spain and italy. yes, it's governments and multi- nationals if you want to be transparent. what would you do? what would you all do? if you were my board of directors, it's easy to say don't take the risk. move out. we've been in spain and italy, one for 60 years, wur finish over 100 -- one for over 100. we're not a fair weather friend. companies want us there. we have to manage that risk. something may go wrong. >> got to tell you guys, the feedback after that panel was actually not good. a lot of people criticizing jamie just in the hallways. obviously a lot of people happy to see him defending the bank. a lot of bankers here. the mood, nature of where we are. there was some criticism. the other big news, by the way, not happening in davos -- yeah? >> i was goin
a hint. sometimes it goes up before the economy is improving. we don't need monetary policy to drive stocks. >> that's why it's going up? >> the market? >> the yield. >> well, i think because the economy overall is improving and we're going to see some flows back in equities. that's why i think yields are actually starting to slowly go up. because it's starting to rejoin with gdp. >> benedict? >> i couldn't agree more. great numbers out of china. i think china is far more important than the european situation. and as yields go up, the exposure in your bond portfolio, the interest rates will have a drop on your yield. you got to be in equities. >> ben willis, b. belski. thank you. now, maria. >>> and it is 4:00 on wall street. do you know where your money is? welcome back to "the closing bell." i'm maria bartiromo on the floor of the new york stock exchange. the dow six-day winning streak in jeopardy tonight with a decline on the session. yahoo numbers are out. dow jones industrial down 12 points at 13,883. nasdaq finished positive just by a fraction. up about 4.5 points. and s&p 500
to attribute all this do. we'll talk to gouldsby about jumging the economy. i don't know if he's good about -- >> he's been pretty spot on. >> but we're going to hear up some of the party line from him. i saw some of the stuff he says. we're going to find out why we're doing a little better and is whether it's going to continue. let's get the national forecast now. oh, my man is back, the weather channel's reynolds wolf. i told you that the last time. cold weather. >> that's right. >> climate change, snow climate change, no snow, climate change. any variability. and we know about weather over the years, over the millions and billions of years. we know that it never -- the median line is because of all this variability. so it goes like this and then we get to the middle. but now, anything that is not right on that middle average is now seen as, oh, something is happening. >> reynolds is going, what? >> no. he is with me. he knows exactly what i'm saying. every single thing is because of co2 emissions now, reynolds. >> i am just absorbing this. i am just absorbing this. no, we have to talk, m
have a spirit of innovation here in washington that haswe are not done. [applause] a new world economy is emerging from the depths of this recession, and while its contours and relationships are not fully understood to us, we do know two things, one. with our uniquely powerful fusion of values and talents, washington state has the potential to lead the next wave of world-changing innovations. two. the world will not wait for us. global competition for the jobs of tomorrow. leading this next wave of growth entitlement. we must move, swiftly and boldly, to put this recession behind us, and bring forward a unique economic strategy that much." today, i'd like to share my vision of the path ahead. i know that to achieve this vision we must all work together. democrat and republican, house and senate, east and west, to answer the challenges of our age. i have represented both sides of our state, first as a state representative from yakima valley, then in congress representing both eastern and western washington. i want to thank the people of washington for electing me your governor. [applaus
of an economy. steams you come there and you obviously things don't always always come through. northbound suggested it's because the adjectives are fun. do you buy that? >> no. i would say the last couple of years, people were pretty negative. i have to say, though i've only been here a day, people are pretty positive this time. a bit more optimistic about what might be happening. i wouldn't say it's time to pop champagne, but people have been more positive this year. >> thank you for being here. joe, becky, back to you guys. we'll see new a little bit. we have a fun segment for you at 6:30. >> you do. i looked through some of the stuff, andrew. you're a regular skier. >> it's a little embarrassing, but we'll show it to you. >> don't give it away. >> but your heel -- >> there it is. >> your heel is not tethers to the ski, right? that's what makes it -- right? >> this is a different type of skiing that i had never done before. >> oh, god. good. >> now you've got the piece. you'll see it. there might be a fall or two involved. >> that's how your hair got messed up yesterday. >>> coming, wha
that health care is now a huge part of our economy. accounting for almost 30% of gdp. that is to point trillion dollars. -- that is two trillion dollars. i am sure the policy students play a drinking game while watching programs like this on c-span based on how many times the word "unsustainable" is repeated. those same 2011 spending figures released earlier this month revealed that for the third year in a row aggregate spending grew by just 3.9%, the smallest increment in decades. to paraphrase ross perot's running mate in a debate many years ago, "why are we here?" at least one response to that question is we do not know if the health-care cost dragon has been slain or is just hibernating. how much of the slow increase comes from the sluggish economic recovery where people without insurance postpone care over which they don't have any kind of discretion at all, and what about the chronic conditions that continued the development of more sophisticated and expensive treatments and tasks? and for the most expensive health care program there is the fact that 10,000 baby boomers are joini
the budget, how to grow the economy. that's the kind of debate the country desevens. by the way, if we keep going down this path, we will have a debt crisis. it's not an if question, it's a when question. >> i remember him, alternativest young congressman from wisconsin that used to come on "squawk box." >> still fighting budget balthsds. >> if he's going to go on somewhere, at least he went on with david. congress must pass a stopgap spending bill by march 27th to keep the u.s. government running. and don't do that with your sneezes. >> what was that? i held it in. >> that's like -- >> i've been trying to hold it in because you were talking. >> no, no, it's going to come out. that's bad for you. something inside is going to pop or something. like an anneurism. it's bad to be repressed like that. let it out. >> that's his whole life. >> oh. >> let it out. >> michelle caruso ka brar ray. you're like a guest on the show, but thank you for being kind. >> it's the greatest feeling in the world. let it out. >> yeah, others have -- anyway, more trouble in egypt, a state of emergency has been decl
the count kraoe which has not occurred. we are more divided than before. and get the economy on a surround recovery to get out of a recession that we've had. the pieces of business hangover the president. he has proven that you can get reelected in a weak economy, which a lot of people, myself included thought would be more tkeufpbt it turned out t difficult it turned out to be. it was a narrow election. he has that ahead of him. not to mention the things that haunt a second term which none of us can imagine today. >> you can see former president clinton and secretary of state clinton. who is going to be testifying before congress in a less friendly atmosphere later this week. i was reading obama's first inaugural address today, because i thought, you know, let's get a sense of what it is that he said four years ago. i want to read you two lines. on this day we come to proclaim an end to the petty grievances and falls promises the recriminations and warn out doug mas that for far too long have strangled our politics. that is an incomplete at best. not all the president's fault but also cou
market economy and grow the business in a slow growth world economy. again, reflecting slow growth overall. i think they had strong numbers when it came to agency. some of those numbers up by 18%. volume was driven by agriculture with robust tales in latin america and a strong selling to the north american selling season along with increases in asia pacific for performance materials, electronics and communications and performance chemicals. >> the stock was higher a year and a half ago or so. but in terms of the last year, it's getting -- it's sort of the in the mid point of the trend. coming back, at least trying to get back to where it was earlier. all-time highs are at about 58. >> in corporate headlines, more developments in the boeing story. there are indications now that the dream liner could stay grounded longer than initially anticipated. investigators turning to the maker of the lithium ion batteries that are used in the planes. that is gsyausa. investigators visited the batterymaker yesterday. shares of boeing have started getting to the low end of the range after some ch
'll tell what you, if the economy keeps getting better over the next three years, you've got hillary linton rclin running three years from now, we republicans have such a major headwind in our face for the next three years. it's going to be tough. >> yeah, there's no question. but there's so many variables. >> go ahead. >> no, so many variables that could happen in the next 3 1/2 years. >> yeah. ed sees you making a motion, he stops. >> i was trying to get richard haass in on this. >> she wants some more 'roids. >> andrea, i'm sorry, we cut you off. >> no, there are other points about the politics of it. joe biden is going to be at the white house, in closed meetings with the president today and has had a very high-profile role. clearly, this is the interview that he would have wanted to see. and when you talk to a lot of leading democrats who were in town this weekend, they were saying that joe biden has everything going for him except that hillary clinton is a woman and is a celebrity and has the best popularity. and she has the virtue, after eight years then of barack obama and the obama
low, but a guest said, look, washington is going to mess up the economy. the sequestering issue is prevalent, and the debt ceiling debate is going to further erode consumer confidence, people will not spend, and the rally might be in jeopardy. i'm a real basking of hopefulness and positivity. >> thank you so much. the unions, lou dobbs weighs in on dwindling union membership, but to the point, there's a rally holding on, but a rally nonetheless. >> that's right. the s&p right now, which was above 1500, 1502 to be exact a short time ago, back to the levels we saw in 2007. we're trying to hang on to the rally, but thinking the dow was up more than a hundred points, and now it's up 3 dlsh 4 -- 41. >> will the markets hold on despite with what's going on with apple breaking down? clinging to green, approached the 1500 level not seen in years. if we end higher, that's the 7th consecutive day of gains, the longest winning streak in more than six years for the s&p. >> and no longer the apple of wall street's eye. it pummeledded as they posted the fourth most profitable company ever. >>
: that is interesting. the president campaigned keeping the economy going. improving it. spreading the benefits to the middle class. immigration reform and energy reform. then newtown happened and that wasn't part of his agenda for the second term. then newtown happened and by all signs the president was deeply and personally moved. one of the reasons i suspect you can see there just to, standing to the left of them the fatherf two young daughters and the idea of these 20 young schoolchildren having been unabouted down i'm sure hit him very bern p personally. he decided to make that a huge issue in this campaign or rather in his second administration. it will be interesting to see. one of the things people say you don't want to overload the agenda but in addition everything he wants to do and obviously the debt and deficit he will have several battles with congress over that but gun control, he will try to take advantage newtown has happened and perhaps caused a tippingpoint in public attitudes and he will push that very aggressively. shepard: senator chuck schumer, the chairman of joint congr
me mean this. people advise me on making financial decisions. they think the economy looks pretty good. don't mess it up. >> it does look pretty good, as best we can tell. the one thing to remember is it's not just the debt ceiling. it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it? >> we don't have to do it immediately, and that's an important point. conservatives don't either. the conservative base right now is an older base. it's people in their 50's and 60's, people who say i'm really worried about the deficit. don't touch my medicare or social security. chris: that it? indicated stuff. >> the entitlement stuff is a really big problem. there are a lot of liberals who go too far in denying it's a problem
. also the times are tough. the economy is sluggish. international challenges put a damper on many things. the president has a lot of work to do and a lot of battles ahead with republicans. they expect it could be significantly smaller. instead of 1.8 four years ago. they lowered the crowd estimates. originally 600 to 800,000. yesterday we were infirmed organizers think maybe closer to 500 to 700. only perhaps a quarter of the size of four years ago. of those here no less enthusiasm. bill, martha. bill: history will show you the beginning of second term, sometimes you get 250, 300,000 at the high end. carl, we'll talk to you later this morning. carl cameron on the mall. martha? martha: people who are here are very enthusiastic and excited to be part of this big day. no doubt that means very tight security here in washington as well. there will be extra air and boat patrols around the city along with checkpoints and metal detectors along the parade route. 2000 police officers from 0 states are helping with security. lined up motorcycles behind us on the parade route. more than 6,000 member
class voters, at a time when the economy is going through a very complicated, difficult moment when it's not clear how to get back to growth, he's thinking creatively about how to use the strength of his state to build on its weaknesseses. and i think at the national level that's what conservatives have to do. to some extempt, it's being done. i would say the policy agenda that has to come at the end of that conversation is not fully worked out by any means, but the questions are being asked. i think the direction of thinking has been helpful even in the wake of the election. if you listen to what people like marco rubio or paul ryan have been saying, it's different from what they themselves were saying six months ago, a year ago. i think the focus is turning to the right place. that doesn't mean that he'll persuade the public, but it certainly helps to ask the right question if you're looking for the right answer. >> where joe, i want to bring up something that my friend john podhoretz mentioned, and i say that carefully because reihan salam, my name has up been butchered by others, s
to do. but he needs to get to work. and the number one problem is the economy. he's got to fix the economy. the fiscal situation has been fixed, to a large extent. the stock market's doubled. that's pretty good. but he has to get everybody working again. it means fix the economy. it means fix the education. so we're bringing kids along that have the skills for 21st century america. his focus has to be on the economy. on the need to reduce unemployment. and frankly, i hope he can, through his own example, restore a sense of civility in the country. >> every president learns a lot. is scarred by the office. also made more wise by the office. what is the one thing you hope president obama has learned over the last four years? >> i hope he's learned that you know, no one part of the government, really, gets it all done. and so, he's got to do a better job of reaching out to members of congress, across both -- across the aisle, to the republicans. and the republicans have to stop buying into things that demonize the president. why aren't republican leaders shouting out about all thi
" live from the dubliner coming up. >>> the state of our economy calls for action bold and swift, and we will act, not only to create new jobs but to lay a new foundation for growth. we'll build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. we'll restore science to its rightful place and wield technology's wonders to raise health care's use and lower its cost. >> here we are four years later. why not come back to the dubliner? all you did too. my, lord. the line goes around the block. a wonderful, joyful crowd. thank you all for coming. joining us now with the politico playbook, the politico executive director jim. >> i'm always a dose of sunshine in the morning. you guys were talking about ted cruz and his comments on gun control. i think what people need to realize, ted cruz is a mainstream republican with this senate and this house. his views, he's not on the conserveative edge of the party. that is the party. when you think about the budget, think about gun control -- >> saying the president exploited
or bellwethers for the stock, the overall u.s. stock market and the economy. and they're converging right now. eric marshall, at 417 billion dollars in market cap on both of these companies, who do you see is having the best value opportunity right now? exxon mobil or apple? >> i would be hesitant. they're both very -- two very different companies. i would use two different methodologies to value them. i can tell you at the hodges funds we believe that the future, any stock price is really just a function, a future earnings and cash flow. those are the things that we would be focused on. when you look at apple's valuation coming down here you really have to dissect and look at what are they going to earn over the next few years, what type of cash flow are they going to generate for the shareholders? and if you think that that is a good value at this price, it certainly is a lot easier to make an argument than it was when the stock was at 600 or 700. >> do you like it? need to be focused on. really >> do you like it? >> sounds like you do. >> well, you know, we're focused in our small cap fund
) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> all right. we're getting new information from ktrk, they are both reporting that two -- two suspects have been taken into custody in connection with the shooting incident on the campus of the north harris campus of lone star college outside of houston in harris county, a campus of about 10,000 students. we have not yet independently confirmed what these law enforcement officials are telling our local affiliate. but i wanted to update you on what's going on. we are standing by for a 5:00 p.m. news conference, in half an hour or so. 5:00 p.m. eastern, 4:00 p.m. central. they said they were searching aed wood area for a suspect. that's when they said they had one suspect in custody but now our affiliates are telling us that two suspects are in custody. we'll see where this is going. we'll update you as more information comes in. >>> other news we're following right now, including a new controversy erupting today in the wake of yesterday's inauguration ceremony here in
think almost all those moves are really good. what we need to do in almost every sector of the economy is move beyond our dependence on fossil fuel and invest in in clean energies instead. every time we do that we'll put more people to work, we'll cut emissions, and we'll keep our air clean and water safe. if we keep jesting in dirty fuel projects whether it's the tar sands from canada or the coal in the pacific northwest or fracking in west virginia, ohio and mission. michigan. the more we do what we're doing the more we'll stay stuck in the fossil fuel economy. >> cenk: you mentioned the sand stone there. >> when you hear a speech like the president made today it becomes clear that he's committed to fighting climate change. the first test, the first big test that the president will have is whether to approve or reject this pipeline. i'm confident that he'll reject it. i really am. you simply cannot be committed to fighting climate change and then simultaneously invest in the most dirty carbon-intensive oil source on the planet. this is the first test for the president whether he or n
with the economy bad and feeling washington needs to get its act together. >> joe? >> yeah. >> that asks -- that leads me to ask, you know, the group, what happens if within the white house, off of what mark just said, because this will be increasingly popular if the republicans continue to do things like this, what happens if the white house decides to try and pick off specific members of the republican membership in the house and perhaps some republicans in the senate and basically say people like you more now if you come and try and meet us halfway. what happens to this whole ball game if that occurs? >> i actually think the ball game is changing. the front of "the washington post" says that the gop offers respite on debt. "the new york times" also talks about how the republicans have gone ahead and pushed for -- obviously for this three-month extension that we're talking about. and mike, this goes back again to the republican party, not being conservative, not being moderate, but being smart. turning their back on their stupid ways as they set themselves up for punching bags which th
on bay area news at 7:00 on tv 36, new signs of hope for the bay area economy. >> nationwide job statistics say more and more people are getting back to work. >> and need to take the edge off your facebook profile the way to scrub up your image. join us for these stories and more on bay area news at 7:00 on tv 36. >>> a rack of gowns in the middle of a bank, coming up, how dress donations are making dreams come true in the south bay. e was no u-verse wireless receiver that let you move the tv away from the tv outlet. we can move it to the kitchen, the patio, the closet and almost anywhere. why would you want a tv in the closet? [ both laugh ] ♪ [ fancy voice ] brilliant idea, darling. ♪ [ female announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a month for six months. at&t. >>> he can prom season is around the corn -- high school prom season is around the corner. she teamed up with the bank to kickoff operation prom dress. new or gently used dresses can be dropped off at any bank branch. the dresses will be given to girls who wouldn't be able to
principles and good government principles, reform government, modern government. their economies are growing at twice the rate of the national government. so that's why i'm optimistic. it's not -- there are principles at work. there are economics that work. it doesn't work. so my long-term view is that the states will soon be bailing out the feds. >> we shall see. leigh, you're writing a book right now talking about the demographic changes that are basically putting an end to the suburbs as we know it. these same demographic changes present a tremendous challenge for the republican party on one side. but on the other side presents a tremendous challenge to the party of big government. we are going to spend the next 30 years, at some point -- now, this president is ignoring the reality. his inaugural speech could not have been any more disconnected from the reality that we now face economically. but at some point those demographics could actually help small-government conservatives because we're going to have to figure out how to scale back in a smart way. >> it's true. and the demographics a
, obviously the country was dealing with a big financial crisis and the economy was taking a turn for the worse, so the president was looking at hope and change and trying to be positive and bring the economy back. this speech was much different and it sounded more aggressive. the president can't run for election again, so the next four years, you got the sense that he was going to push for social change and you heard him use the word "together" at least seven times in his speech. he's going to be calling on americans for the next four years to be hammering it out with their local congressman and their local senators to try and push issues like gun reform immigration reform and for the first time, we heard a president use the term gay for gay marriage ever in an inaugural speech. so it was a different tone than four years ago. >> brandi hitt live for us. thank you, brandi. some folks said it seemed more like a state of the union address than it did an inaugural. he hit so many policies, whether it was climate change, the gay rights issue, equal pay for equal work, immigration refo
. this is not just a spectator sport. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ irene, drop the itch. we dropped the itch, you can too. with maximum strength scalpicin®. it's not a shampoo so you can stop intense itch fast wherever you are. i dropped the itch. free yourself from embarrassing scalp itch. drop the itch with maximum strength scalpicin®. also available scalpicin® 2 in 1, itch relief plus dandruff control. but when joint pain and stiffness from psoriatic arthritis hit even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, eta
the end of a decade of war, and touted the economy. >> the commitments we may teach each other, these things do not sap our nation, they strengthen us. >> reporter: the president mostly refrained from partisan jabs but appeared to single out his former gop opponent mitt romney with this line. >> they do not make us a nation of takers. ♪ >> reporter: filling the air with patriotism, the voices of kelly clarkson and beyonce. ♪ >> reporter: there was a poem and prayers. as he left the front of the capitol, a nostalgic president turned back toward the lincoln memorial. >> i want to take a look one more time. i'm not going to see this again. >> reporter: before the president gets back to work, he heads to the washington national cathedral for an interfaith service for prayers to be offered up for the country and the president. it's a tradition that dates back to fdr. soledad. >> dan lothian, thank you. for the night and parties at night, really party mode in the nation's capital, while the number of official parties was scaled back from ten official parties four years ago to two
the economy, create jobs. ultimately, his presidency in the short-term is going to get judged by a lot of people by simply that, right? how much money they have in their pocket, what's the status of the economy, does this thing, the economy takeoff in the next four years? like a lot of economists think, at some point if we get past congress and the fights, get out of the way, that it might actually do that. >> chuck, is there an accepted template for presidents trying to turn personal likability into policy success? obviously, you have to deal with the other party in congress to the extent they have power and to the extent that they have strategy for working with you or against you, but is there a way the presidents can marshall the way people feel about them personally into getting what they want in washington? >> well, i think that this president has been trying different ways. you know, if you look at -- let's just look at the various interrations of ofa, obama for america, now organizing for action, it is completely outside the democratic party. the other two versions part of the d
again. i think what at the really want to do is simply wait for the economy to pick up and grow. tax revenues will increase. the deficit is already coming down. >> bill: yes. >> people don't understand that. the deficit is already coming down. so what he wants to do is, you know, this rising tide lifts all boats kind of thing. once the economy improves, this heat to cut entitlements they think will probably dissipate. >> that's their strategy >> bill: don't you think it's cheeky of mitch mcconnell to attack the president or criticize. maybe attack is too strong the president for not reaching out in his inaugural address when mitch mcconnell on day 1 of the 2009 said, our number 1 legislative priority is to deny him a second term? right? >> pot meets kettle. absolutely. mitch mcconnell, it was completely hypocritical of him. i mean: are you surprised? that clearly shows you, look, the partisan lines. people thought there is always this in the wake of an election there is always this period. talk about happy new year. there is this period. i am not sur
is going to crack down on irresponsible behavior that is threatening the u.s. economy. >> an egyptian judge sentenced 21 people to death today for their role in a riot at a soccer game. 74 people died in a riot last february, and more than 1000 were wounded. it was unclear whether sports rivalry score political strife cost of the deadly clash now known as the " massacre of port saa- eed. " delivery of the verdict this morning led to another by a protest. 22 people were killed, including two egyptian security force members. if and another 50 people were hurt outside port saa-eed prison. egyptian security officials say that family members of those who were sentenced to death opened fire on security forces. >> we want to take you live to that gun-control rally underway in washington d.c.. it is a big march in support of president obama is planned for preventing gun violence and his call on congress and state lawmakers to support his initiatives. >> president obama says that his picks for two top post will crack down on those who is irresponsible behavior threatens the u.s. economy. in his week
the legal immigration system in a way that would grow our economy. the senators also propose an employment varyification if they hired illegal immigrants. they want to make sure workers come to america legally and that they are not taking away jobs that americans apply for. and the senators are unvailing details in about six hours to address the 11 million illegal immigrants in the country. one senator introinterviewed this weekend say said the pathway to citizenship is key to reforming the system. >> absolutely. americans support it. in poll after poll. second latino voters expect it. >> i will explain exactly why the gop needs it when i see you next. live in washington kyla campbell ktvu channel 2 news. >>> time is 5:15. president obama and secretary of state hillary clinton appeared together in an interview talking about their unusual partnership. it was president obama's idea for this joint interview on 60 minutes. the president said he wanted to publicly thank secretary clinton for her services. secretary of state as she prepares to step down. >> i want the country to appreciate just
, immigration from the border is zero. and it has a large part to do because of the dip in the economy. notice how there is no border patrol or this commission does not include the canadian border. we do know that there is undocumented folks crossing there and we have other things that we don't want necessarily coming through our border. >> they specifically say southwest, which sounds a little profiling to me:. >>> let me ask you this quickly. the president makes his big immigration speech tomorrow in las vegas. do you think that the bipartisan group came out today trying to get ahead of the president's big speech tomorrow? >> they absolutely did. the republicans don't want to feel like they've been left behind. so what they did, that was why it ee's interesting and importa that they included a co comprehensive immigration reform. for a long time, that was not even on the table. i think not only are they trying to preempt the president, but they're trying to show that they're taking that leadership and that initiative. now, what will be in mind when you look at the president speak tomorrow is
the minimum wage. i think it's a great idea. i feel like the local economy would benefit the increase. shannon moscow wits said that everything else will go up and nothing will change. every time i get a raise that is what happened. they offered this thought. what willha mean for cities and towns that -- will that mean for cities and towns in neighboring states. they will think about setting up shop in maryland if it's cheaper to do business in virginia and delaware. >>> a consumer alert you might soon have to pay a service fee come you buy something with the credit card. merchants have to pay a processing fee to accept visa and mastercard. starting now, they allowed to pass that fee on to you and not every merchant will do so. the fee is capped at for% and it doesn't apply to debit cards. this is coming from an antitrust settlement. and we getting more information from sally greenburg, the executive director of the national consumers look. >>> the thing we don't know is how many merchants are going to pass along what is called an interchange fee. every time you swipe the card, the merchant is
into that broader vision. he reformed one six of the nation's economy with health care. now, he will go to the next level with global change on the environment. i see that as a sleeper and agree it was a very progressive speech. the idea he's putting a period on the reagan period saying this is a new day, we're going a new way and these are the agenda items i will touch on. the question for us, joe, conser conservatives how do you make the chess table now, he's made a couple moves and been successful on those moves and how do you post those? >> i'm glad you brought up chess. that's what requires thought and strategy and skill. republicans have been walking up to the chess board the past several years and waving their arms. here's a party facing the president with a 70% approval rating as far as being likable. 52% of americans approve of the job he's doing as president. only 26% approve of the republican party. john boehner has an 18% approval rating. the tea party, 9% approval rating. this is a movement, this is a party in retreat and that's why the president did what he did yesterday. >> let's loo
today are two, three, four years ago. a weak economy and joblessness and corruption. how is this president and government going to address these very real problems. many agree that it will have a ripple effect throughout the world. >> from cairo, thank you. democratic senator from connecticut is joining us right now. he is just back from a visit to egypt last week there with a congressional delegation from lindsay graham among others. thanks for coming in. >> thank you. >> let's talk about the second anniversary from the overthrow and saw thousands and thousands of people protested president morsi's government in tahrir square. you met with him last week with the congressional delegation. is he someone the u.s. can deal with? >> he is the elected leader of egypt and they have good reason to be in the streets. there is continuing corruption in the egyptian society and government. there very dire economic straights. 40% of the egyptian people make less than $2 a day. there high rates of unemployment and the rights of religious minorities and women are far from secure. fact
economy requires railroads and highways to speed travel and commerce, schools and colleges to train our workers. together we discovered that a free market only -- and fair play. together we resolve that a great nation must care for the vulnerable and protect its people from life's worst hazards and misfortunes. through it all we have never relinquished, nor have we succumb to the fiction that all society's ills can be cured through government alone. our celebration of initiatives and enterprise, our insistence on hard work and personal responsibility, these are constant in our character. we have always understood that when times change so must we. that fidelity to our funding principles requires new responses to new challenges. our individual requires collective action, the american people can no more meet the demands of today's world by acting alone than american soldiers that met the forces of fascism or communism with musicales and militias, no single person can train all the math and science teachers we'll need to equip our children for the future or builds the roads and networks an
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for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ i want the people who watch our show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. i want this show to have an impact beyond just informing. an impact that gets people to take action themselves. as a human being, that's really important. this is not just a spectator sport. [ music ] >> this is the bill press show. >> bill: president obama winning 71% of the latino vote last november. maybe that's why republicans are suddenly excited about immigration reform. so really, this is just trying to save the
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